Whistleblower News: SEC Issues $28M Award To Joint Whistleblowers, DePuy Synthes, Inc. Agrees To Pay $9.75M To Settle Allegations Concerning Kickbacks, Bloomberg To Pay $5M For Misleading Disclosures About Its Valuation Methodologies
SEC Issues $28 Million Award to Joint Whistleblowers
SEC
The Securities and Exchange Commission today announced an award of more than $28 million to joint whistleblowers who provided critical information and assistance in an SEC enforcement action. read more »
DePuy Synthes, Inc. Agrees to Pay $9.75 Million to Settle Allegations Concerning Kickbacks Paid to Massachusetts Orthopedic Surgeon
DOJ
Medical device manufacturer DePuy Synthes, Inc. (DePuy), a subsidiary of Johnson & Johnson, has agreed to pay $9.75 million to resolve allegations it violated the False Claims Act by paying kickbacks to an orthopedic surgeon based in Massachusetts to induce his use of DePuy products. read more »
Bloomberg to Pay $5 Million for Misleading Disclosures About Its Valuation Methodologies for Fixed Income Securities
SEC
The Securities and Exchange Commission today announced settled charges against Bloomberg Finance L.P. (Bloomberg) for misleading disclosures relating to its paid subscription service, BVAL, which provides daily price valuations for fixed-income securities to financial services entities. read more »
